Jamie Dimon bashes partisan politics in presidential election op-ed
The JPMorgan boss didn’t mention any candidates by name, but his message left little doubt about whom he was referring to.
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$71B in crypto has reportedly passed through ‘blockchain island’ Malta since 2017
The Financial Action Task Force, a membership body of 37 jurisdictions and two regional organizations, has flagged Malta’s initial push to attract cryptocurrency business as “problematic.” 466 Total views 2 Total shares Malta’s strategy to become a global enclave for digital assets appears to be working, though lax regulatory oversight has raised concerns over money…
Biden administration is reportedly reviewing ‘gaps’ in crypto regulation
White House officials are believed to be examining existing rules around cryptocurrencies and whether new restrictions are needed to protect investors from massive drawdowns like we saw last week. 1955 Total views 7 Total shares Officials within the Biden administration are reportedly studying “gaps” in cryptocurrency regulations following the latest bout of volatility in the…
Most crypto exchanges are vulnerable by design, says ByBit CEO
Crypto exchange security is once again in the news after hackers breached KuCoin. But this shouldn’t surprise people as exchanges are vulnerable by design, according to ByBit CEO Ben Zhou. Zhou told Cointelegraph that exchanges act as a single point of failure. As a centralized web application, exchanges are susceptible to the same security issues as…
Takeaways from Davos: Blockchain is changing the way we fight for sustainability
The COP has also created tools to prevent climate doomsday. Such economic tools as voluntary and compliance carbon markets, carbon credits, green bonds and other green assets tied to positive environmental impact play a crucial role in decarbonization global efforts. However, they are often inaccessible to small and medium-sized companies from developing countries. The main…
Draft US stablecoin bill would ban new algo stablecoins for 2 years
It’s reported the bills' definition will cover “endogenously collateralized stablecoins,” which depend on the value of an attached cryptocurrency from the same creator for it to maintain a stable price. 702 Total views 19 Total shares Draft legislation in the United States House of Representatives would place a two-year ban on new algorithmic stablecoins such…
Standard Chartered begins UAE crypto custody services with BTC, ETH
Standard Chartered was approved by the Dubai Financial Services Authority to offer crypto custody solutions in the UAE.
Robinhood Temporarily Down for the Count
User-friendly stock and crypto trading app, Robinhood, has reported its services are down. 1995 Total views 39 Total shares Robinhood, a stock and crypto trading application known for its mainstream appeal and simplicity, recently reported significant platform outages. Robinhood announced "experiencing a major outage in equities and options trading, as well as degraded performance in cryptocurrency…
SBF upset by criminal trial’s late evidence while FTX seeks sale of AI stock
Over 3.6 million documents have yet to be produced by prosecutors in the criminal trial of Sam Bankman-Fried, according to his lawyers. 514 Total views 3 Total shares Former FTX CEO Sam Bankman-Fried claims prosecutors have missed discovery deadlines for key pieces of evidence required in the defense of a raft of fraud charges.On June…